Thursday, May 7, 2026
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AcquisitionsFloridaIndustrialLoansSoutheast

JLL Facilitates $68.3M Acquisition Loan for Cold Storage Facility in Jacksonville

by John Nelson

JACKSONVILLE, FLA. — JLL Capital Markets has facilitated a $68.28 million loan for the acquisition of Arcadia Jacksonville, a 333,725-square-foot cold storage facility in Jacksonville. Melissa Rose, Michael Klein, Wells Waller, Nicole Barba and Preston Bacon of JLL secured the five-year, fixed-rate loan through an insurance company on behalf of the borrower, Manulife Investment Management. Completed in 2024, Arcadia Jacksonville is located within Imeson Industrial Park, which is 10 miles from Jacksonville International Airport. The facility is fully leased to Arcadia Cold Storage & Logistics, a major third-party logistics provider in North America. Arcadia Jacksonville features flexible temperature zones ranging from -20 to 35 degrees Fahrenheit, 50-foot clear heights and 210-foot truck court depths.

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DevelopmentGeorgiaLeasing ActivityMixed-UseOfficeSoutheast

Boehringer Ingelheim Relocates Animal Health Headquarters to Medley in Johns Creek, Georgia

by John Nelson

JOHNS CREEK, GA. — Boehringer Ingelheim, a biopharmaceutical firm that manufactures medicine for humans and animals, has relocated to a 73,000-square-foot lifestyle office space at Medley, a 43-acre mixed-use development underway in the north Atlanta suburb of Johns Creek. Toro Development Co. (TDC) is the developer and owner of Medley, which will become the new U.S. Animal Health headquarters for Boehringer Ingelheim and its 500 employees in summer 2026, ahead of Medley’s opening in October 2026. Boehringer Ingelheim will occupy two full floors of a reimagined office building that totals 150,000 square feet. This deal marks the largest Class A office lease north of the Atlanta Perimeter in roughly five years, according to TDC. Bryan Heller and Parker Welton of Stream Realty Partners represented TDC in the lease negotiations.

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AcquisitionsFloridaSeniors HousingSoutheast

Continuum Advisors Arranges Sale of Five-Property Seniors Housing Portfolio in Florida

by John Nelson

TAMPA, FLA. — Continuum Advisors has arranged the sale of a five-property senior living portfolio totaling 340 units in Clermont, Ocala, Brandon, Lecanto and Niceville, Fla. The sales price was not disclosed. David Kliewer and Jay Jordan of Continuum represented the seller, Healthcare Management Partners (HMP), in the transaction, where three separate buyers acquired the five communities.

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AlabamaDevelopmentHospitalitySoutheast

Choice Hotels Opens 98-Room Everhome Suites Hotel in Huntsville, Alabama

by John Nelson

HUNTSVILLE, ALA. — Choice Hotels Internationals Inc. has opened a new Everhome Suites Hotel in Huntsville. The project team includes architect Woolpert and general contractor Integrated Construction. An entity doing business as EHS Huntsville LLC was the developer. Located at 5581 Holmes Ave., Everhome Suites Huntsville offers access to the University of Alabama in Huntsville, the U.S. Space & Rocket Center and the city’s medical district. The hotel features 98 rooms, including amenities such as fully equipped kitchens, spa-style bathrooms, weekly housekeeping services, a multipurpose lobby, an outdoor communal space with barbeque grills, firepits and green spaces, 24/7 fitness center and 24/7 laundry facilities. Additionally, the hotel offers a 24/7 self-serve Homebase Market with food, beverages and groceries. Everhome Suites Huntsville is one of three Everhome Suites opened by Choice Hotels recently, with other locations in Chandler, Ariz., and Temecula, Calif. Everhome Suites is on track to have 25 hotels open by the end of the year, with 20 currently under construction and more than 65 hotels in the development pipeline.

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The-Fenwick-Humble
AcquisitionsMultifamilyTexas

Fogelman, Thackeray Acquire 258-Unit Multifamily Property in Humble, Texas

by Taylor Williams

HUMBLE, TEXAS — A joint venture between Memphis-based investment firm Fogelman Properties and Dallas-based Thackeray Partners has acquired Advenir at Eagle Creek, a 258-unit multifamily property located in the northern Houston suburb of Humble. Built in 2008, the property offers one-, two- and three-bedroom apartments. Amenities include a pool, game room, clubhouse, fitness center and a dog park. The property was 91 percent occupied at the time of sale. The new ownership plans to upgrade unit interiors, amenity areas and landscaping and has rebranded the property as The Fenwick. The seller and sales price were not disclosed.

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Leasing ActivityRestaurantRetailTexas

Baker Katz Arranges Two Restaurant Leases for Cheddar’s Scratch Kitchen in South Texas

by Taylor Williams

DONNA AND MCALLEN, TEXAS — Houston-based brokerage firm Baker Katz has arranged two restaurant leases in South Texas for Cheddar’s Scratch Kitchen. The first deal is for a 6,142-square-foot space in Donna, and the second deal is for a restaurant within Trenton North Shopping Center in McAllen. Brian Smith of Merit Commercial Real Estate represented the landlord in the Donna transaction, and Louie Tijernia of CBRE represented the landlord in the McAllen transaction. Jason Baker and Traci Holman of Baker Katz represented the parent company and operator, Orlando-based Darden Restaurants Inc. The openings are slated for the third and fourth quarter, respectively.

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Leasing ActivityOfficeTexas

Simpson Strong-Tie Signs 38,372 SF Office Lease at Granite Park in Plano

by Taylor Williams

PLANO, TEXAS — Simpson Strong-Tie, a provider of engineered structural connectors and building solutions, has signed a 38,372-square-foot office lease at Granite Park in Plano. The space spans one full floor and half of another within Granite Park 6, a 19-story, 422,109-square-foot building that was completed in late 2023. Doug Carignan, Christy Rhea and Ryan DeAngelis of CBRE represented the tenant in the lease negotiations. Robert Jimenez, Burson Holman and Elizabeth Fortado represented the landlord, Granite Properties, on an internal basis.

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IndustrialLeasing ActivityTexas

Finial Group Negotiates 23,625 SF Industrial Lease in Northwest Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Finial Group has negotiated a 23,625-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the single-tenant, crane-served building at 7214 Harms Road was originally constructed in 2014. The building includes 2,400 square feet of office space. Jason Gibbons, Jack Gaffney and William Alcorn of Finial represented the undisclosed landlord in the lease negotiations. The tenant is railcar manufacturer CAF USA Inc.

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AcquisitionsHealthcareTexas

Flagship Healthcare Properties Buys 17,724 SF Medical Facility in Grapevine, Texas

by Taylor Williams

GRAPEVINE, TEXAS — Charlotte-based investment firm Flagship Healthcare Properties has purchased a 17,724-square-foot medical facility in Grapevine, located in the northern-central part of the metroplex. The building at 2201 Westgate Plaza was built in 2010 and houses clinical office space and a surgery center with eight exam rooms and two operating rooms. The facility was fully leased at the time of sale. The seller and sales price were not disclosed.

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237-11th-St.-Brooklyn
AcquisitionsLoansMultifamilyNew YorkNortheast

JLL Arranges $68.5M Sale, Financing of Brooklyn Apartment Building

by Taylor Williams

NEW YORK CITY — JLL has brokered the $68.5 million sale of a 105-unit apartment building located at 237 11th St. in the Gowanus neighborhood of Brooklyn. Completed in 2017, the 12-story building predominantly houses studio, one- and two-bedroom units, with private balconies/terraces available in select residences. Amenities include a library, fitness center, courtyard and a rooftop deck, and the building also houses 6,264 square feet of commercial space that is fully leased. Jeffrey Julien, Rob Hinckley and Steven Rutman of JLL represented the seller, Trinity Place Holdings, in the transaction and procured the buyer, a partnership between Bluestone Investments and Shel Capital. Michael Shmuely, Michael Zaremski, Robert Tonnessen and John Flynn of JLL arranged $44.5 million in acquisition financing for the deal.

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